This week, the cold rolling market was operating in a narrow range with strong shocks. The daily average price of cold rolling plates in key domestic cities was 4543 yuan/ton, up 17 yuan/ton on a weekly basis and 45 yuan/ton on a month on month basis. The market price of Angang 1.0 cold coil in Shanghai is 4330 yuan/ton, up 20 yuan/ton; Tianjin Tiantie 1.0 cold coil 4270 yuan/ton, up 40 yuan/ton on a weekly basis; Lecong Liugang 1.0 cold coil was 4340 yuan/ton, with a weekly increase of 40 yuan/ton. 5.5 The mainstream of ordinary hot coil is maintained at 3930 yuan/ton, and the price difference between hot and cold products is about 400 yuan/ton. Hot rolling is stronger than cold rolling, and the weekly ratio is narrowed by 60 yuan/ton. Recently, favorable policies have emerged frequently in China around epidemic optimization, real estate and other fields; On the cost side, the second round of coke increase came to fruition; The ore shock is relatively strong, while the short-term support for scrap steel affected by the epidemic supply is relatively strong, and the production cost support is relatively strong. Futures shocks are stronger, cold rolling price shocks are stronger in a narrow range, with limited follow up. The main downstream demand is weak, and transactions are slightly active near the weekend. The overall deviation of market transactions this week, and the market narrow adjustment. Supported by low inventory and high cost, the price of cold rolling is relatively firm. The release of downstream demand is limited. After the early wait and see, there may be short-term replenishment. At present, the support end of the market is strong, and the actual demand end needs to be observed. Most businesses are cautious. On the whole, the conditions for short-term downward price adjustment are insufficient, and steel price support is strong. The cold rolling market price is expected to adjust slightly next week.
